1. furnish to the Reserve
Bank or to such other authority a declaration in such form and in such manner
as may be specified, containing true and correct material particulars,
including the amount representing the full export value or, if the full export
value of the goods is not ascertainable at the time of export, the value which
the exporter, having regard to the prevailing market conditions, expects to
receive on the sale of the goods in a market outside India;

2. furnish to the
Reserve Bank such other information as may be required by the Reserve Bank for
the purpose of ensuring the realization of the export proceeds by such
exporter.

(2) The Reserve Bank may, for the purpose of ensuring that the
full export value of the goods or such reduced value of the goods as the Reserve
Bank determines, having regard to the prevailing market conditions, is received
without any delay, direct any exporter to comply with such requirements as it
deems fit.

(3) Every exporter of services shall furnish to the Reserve Bank
or to such other authorities a declaration in such form and in such manner as
may be specified, containing the true and correct material particulars in
relation to payment for such services.